Pip Calculator

Pip Calculator

Calculate the value of a pip based on your account currency and trade size. Optionally enter a pip gain or loss to calculate the resulting profit or loss.


Understanding Pip Value

Pip value connects a movement in price to its monetary effect on a trade. It depends on the currency pair, trade size, and account currency.

Pip Value

The monetary value of a one-pip move depends on the currency pair, your trade size, and your account currency.

Trade Size Matters

As position size increases, so does the value of each pip. A larger position therefore produces a larger gain or loss for the same market move.

From Pips to P/L

Enter the number of pips gained or lost to translate a price move into an estimated monetary profit or loss.